Fort Myers, FL – December 22, 2020 – LSI Companies, Inc. is pleased to announce a new 946,000± sq. ft. regional distribution center coming to Collier County, FL. The 102.68± acre property was purchased by Uline, Inc. in two phases from 850 NWN, LLC and CG II, LLC totaling $45,369,511. The site is located east of Collier Blvd. and north of Interstate 75, a part of the City Gate Commerce Park.
“This monumental transaction has been several years in the making and a big win for Collier County and SWFL as a whole,” stated William Rollins, Senior Broker of LSI Companies, Inc. “The location of the site relative to major arterial Collier County roadways and I-75 has positioned this facility to be a perfect fit for its industrial use. Additionally, we expect the distribution center to employ hundreds of SWFL residents among office and warehouse staff. It’s been a pleasure working with the entire Uline team, including Dave Desper of CBRE, Inc. from the conceptual stage through closing.”
William Rollins, CCIM, ALC and Justin Thibaut, CCIM of LSI Companies, Inc. and Dave Desper of CBRE, Inc. represented the buyer in this transaction.
About LSI Companies, Inc.
LSI Companies is Southwest Florida’s leading full-service real estate brokerage and development firm. The Company specializes in all aspects of site development, current market and valuation issues, acquisition and disposition services, due diligence evaluation, zoning and permitting, work-out projects, asset management, and appraisals. For additional information on the Company or its services, visit their website at www.lsicompanies.com or call (239) 489-4066.
